Business, 16.12.2020 16:10 Daisysolis136

The board of directors of Nash's Trading Post, LLC declared a cash dividend of $1.00 per share on 30000 shares of common stock on July 15, 2020. The dividend is to be paid on August 15, 2020, to stockholders of record on July 31, 2020. The correct entry to be recorded on August 15, 2020, will include a debit to Cash Dividends. credit to Cash Dividends. credit to Dividends Payable. debit to Dividends Payable.

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